State Committee on Demonopolization starts to issue soft microcredits to businesses

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Economy 23/09/2009 State Committee on Demonopolization starts to issue soft microcredits to businesses

State Committee on Demonopolization starts to issue soft microcredits to businesses

Tashkent, Uzbekistan (UzDaily.com) -- State Committee on Demonopolization, Support of Competition and Entrepreneurship started to allocate soft microcredits to small businesses in districts of Uzbekistan with weak development of production and services.

The committee said it issues soft microcredits from the Fund of Support of Entrepreneurship and Conversion.

The microcredits issued to support development of businesses, support and development entrepreneurship and competition, creation of favourable conditions for starting organizations and speeding up development of enterprises.

The committee gave no details on terms and size of microcredits.

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